The market's window of inflation
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 27 May 2024
⏱️ 11 minutes
🧾️ Download transcript
Summary
Show Notes:
Chaim Siegel Is Bullish For 2024
All About Inflation (Again)
Bull run rolls on as April CPI makes road to Fed's 2% inflation target look ‘less bumpy’
Episode transcripts: seekingalpha.com/wsb
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Transcript
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| 0:00.0 | The listeners know you, you run Fed Trader, oftentimes you're on here talking about macro topics. |
| 0:18.0 | You were talking about how you were going to be bullish with some caveats at the very beginning of or at the end of last year you were |
| 0:24.7 | talking about this year. |
| 0:26.1 | How are you thinking about the markets based on how you were seeing them previously and |
| 0:31.0 | how are you thinking about them currently? |
| 0:33.2 | Yeah, so thank you for having me. |
| 0:38.0 | It's always a pleasure. |
| 0:40.0 | I want you know just want to backtrack and I don't think I'm doing something so fancy or anything I think I'm just doing basic |
| 0:47.6 | You know kind of pro-trader look at the market |
| 0:51.4 | markets moving up markets moving down and keeping things simple |
| 0:54.8 | based on a few simple data and facts that I constantly follow. |
| 0:59.5 | And sometimes I feel like the market gets swayed by the media or different news and I think that there's a couple |
| 1:06.4 | of building blocks. I'm just getting to your question, a couple of building blocks that can |
| 1:10.8 | keep you sane in following the market and not get you crazy. |
| 1:15.0 | One is fundamentals, two is technicals, and maybe under technicals or maybe its own category of call action. |
| 1:22.0 | So fundamentals are earnings moving up, |
| 1:24.9 | is the economy doing well, right? |
| 1:27.0 | That's its own thing. |
| 1:28.4 | Is the Fed getting in the way or not? |
| 1:30.5 | Or is the Fed letting the economy go? |
| 1:32.7 | That's all called fundamentals, right? |
| 1:34.9 | And fundamentals I think are good, right? |
... |
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